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  1. J

    When IB Best Isn't Best

    yesterday i had a similar experience with stocks. it was no big deal, but now that others are complaining about BEST, i thought i'd share it. our system was trying to sell 400 shares of TSTF using BEST. first it offered out at 4.55, and got filled on 100 shares. after that some schmuck posted...
  2. J

    A few basic questions:

    from what i've heard, they usually don't hold an inventory overnight. well, both. if you have a "creation unit" worth of QQQ-s (50k shares), then you can redeem them for a a portfolio of nasd100 stocks. however, the tick-by-tick price fluctuations of ETF-s are caused by supply and demand...
  3. J

    February Trading Journals

    thanks, candle! - jaan
  4. J

    time & sales, testing setup

    well, we use TAL (www.taltrade.com) to retrieve T&S data for about 2000 nasdaq stocks daily. professional subscription costs about $200/month, non-pro is probably considerably less. - jaan
  5. J

    SuperMontage

    i don't think anything i've said above relied on such assumption. i just believe bear raids were (and still are?) used to exploit this general tendency, that's all. - jaan
  6. J

    SuperMontage

    hi def, i'm not quite sure what you're asking. if the loan is not available, the bear raid would not be possible in the first place i guess. if you're pointing out that bear raids don't work 100% of the time, then i agree of course. however, i believe that on average they do work. and "on...
  7. J

    SuperMontage

    oh yes there is. it is a fact that on average stock prices drop faster than they recover. see my point about 10% movers above on this thread. you are correct about the uptick rule having been conceived to prevent "bear raids", but it is my understanding that the primary reason for a bear raid...
  8. J

    SuperMontage

    nono, from what i've read, the purpose of the uptick rule was to prevent the following manipulation: you take a weak and illiquid stock, short the hell out of it, naturally bringing the price down, and then use the fact that the price recovery process will be slower (because everybody will be...
  9. J

    SuperMontage

    great thread, folks! are you sure? it is still a fact of life that stock prices drop much faster than they recover. just do a scan for stocks that have moved 10% in one hour -- you'll see that the vast majority of these moves have been downward. and, no, it's not because of the current bear...
  10. J

    EOD Data not matching up to Intraday chart...

    i'm not sure but could it be that the high was made in premarket? - jaan
  11. J

    Elite Trader Wishlist

    one more suggestion i believe several people would appreciate: put a size limit on signatures (1-2 lines max). - jaan
  12. J

    Dammm

    in a thread that later got removed he promised to lurk around and "attack" under various usernames every now and then, pretending to be a systems vendor -- all this to discredit their business. however, i don't think he has done that. he just stopped posting, period. i think having Turok and...
  13. J

    Updated home page

    this combines the best parts of the old home page and forums view real nicely. now if the thread links on the home page would take you to the first unread message my life on ET would be damn close to perfect... EDIT: correction: i was under impression that the new page included only...
  14. J

    Are trader's skills really important?

    i can confirm that. the only thing our system has "noticed" in 2002 is the pickup in volatility, so there has been considerably more action in january as compared to nov-dec. other parameters have not changed. - jaan
  15. J

    Historical Data collection

    http://www.nyse.com/taq/ if you don't mind paying $400 per month. - jaan
  16. J

    DDE speed with IB

    of course it is. - jaan
  17. J

    Help with business plan

    FWIW, in Estonia (that's Estland to you fellow europeans) we pay 0% on corporate capital gains and 26% on dividends. no restrictive rules on trading whatsoever, and using mark-to-market is possible. the drawback being that the party will probably be over once we join the EU in a couple of...
  18. J

    IB Charging quote fees now?

    no, so does Datek (at least i don't remember being presented with an option to register as non-pro when we opened a corporate account with them). so i don't blame IB in that regard. however, still the system is screwed. fact is, we're currently paying the NASDAQ pro fee THREE times each...
  19. J

    Trading FROM offshore

    yes you can: http://www.fruitsofthesea.demon.co.uk/sealand/ - jaan
  20. J

    IB Charging quote fees now?

    well, according to IB-s memo, it's not (c) that's causing corporations to fall under professional status, it's the "natural-person" clause above. corporations most certainly are not natural persons. - jaan
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